Microsoft is planning to invest around $100 million in a technology center based in Rio de Janeiro, Brazil.
The center will be supported by the Brazilian government, but the the majority of funding will derive from Microsoft itself. Currently, it's unclear what it plans to do with the ambitious center such as acting as a research hub or develop products.
The software firm has been involved with Brazil for years. Back in 2008, it opened a project that helped expand internet cafes across the country, as well as delivering educational and job-training components to said project.
According to Agencia Estado, several other technology companies also plan to open centers in Brazil, including a new research hub from Intel.
In addition to technology centers in Germany, Israel and Egypt, Microsoft has also invested $5 million in its Sao Paulo-based center as well.
